Context Flashcards

1
Q

3 key strengths of UK economy

A

services
Cutting edge research
Attractive tax

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2
Q

Size of UK service sector

A

79% in 2017

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3
Q

4 weaknesses of UK economy

A

Brexit
High G and household debt
Low productivity/real wage stagnation
regional disparities

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4
Q

UK net FDI

A

2.5%

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5
Q

UK IR

A

0.75

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6
Q

Uk u/e

A

3.9%

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7
Q

UK fiscal balance

A

-1.35

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8
Q

Uk current account

A

-4.07%

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9
Q

UK external debt `

A

313%

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10
Q

2 strengths of greece economy

A

Tourism

maritime transport

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11
Q

Weaknesses of Greece 6

A
High public debt
Poor banking
Tax evasion
Little high tech industry
fiscal restraints
high unemployment
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12
Q

Size of greece national debt

A

183% GDP

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13
Q

EU/Greece base rate

A

0%

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14
Q

Size of Greece external debt

A

228%

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15
Q

Greece unemployment

A

18.4%

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16
Q

Greece Fiscal balance

A

-0.15

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17
Q

Strengths of chinese economy 4

A
Debt (public/private) is owed domestically
High FX reserves
High infrastructure moving up supply chains
Dynamic services (esp e-commerce)
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18
Q

Weaknesses of the Chinese economy 4

A

CA surplus expected to become a deficit
Rising corporate debt
Ageing population
Environmental damage

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19
Q

Chinese exchange rate system

A

Renminbi/Yuan - Hybrid - state interfere to keep it competitive

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20
Q

Chinese base IR

A

4.35

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21
Q

Chinese CA balance

22
Q

Chinese investment

23
Q

Chinese Gross national savings

24
Q

UK gross national savings

25
Investment UK
17.35
26
Fact about Chinese growth
average 10% over last 30 years
27
Recent Chinese GDP growth
6.9% 2018
28
Strengths of US economy 4
Flexible labour + high employment Market leader Low corporate tax Rising energy self-sufficiency
29
Weaknesses of US economy 4
Low labour market participation Geographical immobility High household debt Outdated infrastructure and rising inequality
30
US u/e
3.9%
31
Size of us economy
20494bn
32
Size of world economy
84740bn
33
US fiscal balance
-4.63%
34
Strengths of Zambian economy 3
Mineral Wealth Agricultural wealth Hydroelectric potential
35
Zambian minerals and agriculture
Copper, cobalt, uranium, gold | Maize, tobacco
36
Weaknesses of Zambian economy
``` Dependence on Copper and China to import it landlocked insufficient energy high inequality crucial infrastructure defficiencies ```
37
Zambian inflation
10.7%
38
Size of Zambian economy
25bn $
39
RTA for Zambia
Commen market for eastern and southern africa (COMESA)
40
Zambian life expectancy
57.10
41
Zambian HDI ranking
144th
42
Overseas aid received zambia
4.1%
43
Zambian unemployment
7.79%
44
Zambian currency
Kwacha - hybrid
45
Strengths of Peru 4
Mineral/energy/agricultural/fishery wealth low public debt tourism independent central bank
46
Weaknesses of Peru
``` Dependence on raw material exports and CHINA Lack of credit Inadequate infrastructure Huge informal sector regional disparities ```
47
Percentage of informal sector jobs
70%
48
govt debt peru
25.7%
49
Zambia % living in extreme poverty
52.7%
50
Peru remittances
1.4% GDP
51
Peru copper?
Second largest exporter | 2.4 mil tonnes